Challenge by

ITC

An innovative & marketer-friendly Influencer Management tool.

Social media and influencers therein have become critically important for any brand to reach various stakeholders. It becomes complex to handle when number of influencers is very high.

STATUS: Closed PRIZE: INR100,000

When brands need to reach to different customer segments for their products, identification of relevant influencers in various social media and process to engage & assess them become complex. A technology driven tool can be of a great help to save time & money. Participating teams are required to develop a tool/solution to manage influencers for ITC. Tool has to be easy to use and differentiated from other existing solutions. Proposed tool should have the following key aspects covered-
End-to-end process to engage influencers.
Performance tracking of all the engaged influencers.
Ability to assess performance of influencers on multiple parameters for future planning.

ITC FOODS is looking for an innovative, out of the box & differentiated influencer management tool/solution that can cater to multiple brands in ITC. A marketer friendly tool to manage influencers and assess ROMI would be helpful for marketers to save time & money. This is an opportunity for youths who are looking to grab the opportunities to showcase their talent & win big. This challenge requires you to dig deep into role of influencers in various social media and study a couple of existing influencer management solutions to develop an innovative and effective tool for influencer management.

  1. Current scenario

    Existing influencer management practices

  2. Expected scenario

    Innovative tech driven influencer management tool

  3. Scope

    Digital media and influencers

  4. Constraints

    Consider all social media while building a framework.

  5. Evaluation criteria

    Innovative approach & feasibility

  1. Who can participate?

    Students in leading campuses

  2. How to submit solutions for review?

    Submit your tool at connect[at]sociocharge.com

This challenge is under open innovation.

TIMELINE

Registration Open Date and Time October 18, 2021 12:00 AM
Registration Close Date and Time November 19, 2021 12:00 AM
Final Submission Date and Time November 19, 2021 12:00 AM

OTHERS

Screening December 03, 2021 12:00 AM
Moderation December 17, 2021 12:00 AM
Screening January 12, 2022 12:00 AM

Fiscal benefits

First team: INR 75000/-
Second team: INR 25000/-

Non Fiscal benefits

All participating teams get certificates from Sociocharge & ITC FOODS.

This section is accessible to the participants of this challenge only.
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